BSE Revises Price Band Of Four Adani Companies
Adani Group’s operating profit rose 36% year-on-year in fiscal 2023, the highest ever at the group portfolio, aided by cash flow generation in core infrastructure businesses.
On a year-on-year basis, Adani Transmission reported a 10% rise in Ebitda at Rs 6,101 crore where the Ebitda margin stood at 44.1%. Ebitda of Adani Power increased by 4.3% to Rs 14,427 crore.
Adani Wilmar’s Ebitda rose by 5% to Rs 2,139 crore, with Ebitda margin at 3.3%, and Adani Green Energy reported a rise in Ebitda by 62.8% to Rs 6,390 crore where its Ebitda margin was 74%.
